Category : Search result: corporate restructuring


Tesla shareholders approve Musk's $87.8B pay plan

Tesla investors have overwhelmingly approved Elon Musk's massive pay package, valued at approximately US$87.8 billion, in a landmark shareholder vote that could reshape the company's future leadership.

Tesla investors approve Musk's $87.8B pay package

Tesla shareholders have overwhelmingly approved Elon Musk's record-breaking compensation package while also greenlighting the company's move to Texas in a decisive victory for the controversial CEO.

Tesla Vote: Musk's $56B Pay Package Decision

Tesla shareholders face a monumental decision on Elon Musk's unprecedented $56 billion compensation package that could create the world's first trillionaire or trigger his departure from the electric vehicle giant.

Canadian Executives Divided Over Budget 2025 Impact

New survey reveals Canadian business leaders are deeply divided over the federal government's Budget 2025, with opinions split on competitiveness, investment climate, and economic direction.

Bank of Canada Job Cuts Under Carney Revealed

Exclusive look at how Mark Carney's Bank of Canada implemented major workforce reductions while managing economic stability. Discover the untold story behind the central bank's restructuring during a critical economic period.

American Airlines Cuts Management at Texas HQ

American Airlines is eliminating hundreds of management positions at its Fort Worth headquarters as part of a sweeping corporate restructuring plan aimed at streamlining operations and reducing costs.

Kimberly-Clark Buys Kenvue in $32B Deal

In a landmark move shaking up the consumer products industry, Kimberly-Clark completes acquisition of Kenvue, forming a powerhouse expected to generate $32 billion in annual revenue.

Laurentian University Sells Historic Bell Mansion

Laurentian University has successfully completed the sale of the historic Bell Mansion, marking a significant step in the institution's financial recovery journey. The heritage property in Sudbury has been acquired by a local entrepreneur.

Jamie Dimon: The Wall Street Conqueror

Discover how Jamie Dimon transformed JPMorgan Chase into a global banking powerhouse and became Wall Street's most influential CEO through crisis leadership and strategic vision.

Imperial Oil sells Calgary HQ, cuts hundreds of jobs

Imperial Oil Ltd. has struck a deal to sell its massive Calgary headquarters as part of a global restructuring that will eliminate hundreds of positions in the city, marking a significant shift for one of Canada's energy giants.

Leadership Drives Profit: The Untold Business Connection

Discover how effective leadership directly impacts company performance and profitability, with expert insights from employment lawyer Howard Levitt on what separates successful organizations from struggling ones.

Meta's $10 Billion Bond Sale: Strategic Financing Move

Meta Platforms Inc. makes waves in corporate finance with a stunning $10 billion bond offering, signaling aggressive growth plans despite market volatility. Discover what this means for investors and the tech landscape.

Ignoring Indigenous Consultation Derails Business Projects

New KPMG research shows Canadian businesses face significant project delays and financial risks when failing to conduct proper Indigenous consultations. Discover why corporate Canada is waking up to this critical issue.

Parex Resources Proposes GeoPark Acquisition

Canadian energy company Parex Resources announces strategic proposal to acquire GeoPark while revealing substantial 11.8% ownership stake, signaling major consolidation in Latin American oil and gas markets.

Canadian Layoffs Mount Across Major Industries

Wave of layoffs sweeps Canadian job market as Bell, Rogers, Loblaw and other corporate giants cut positions, creating widespread worker anxiety and economic uncertainty.

Paramount Cuts 2,000 Jobs After Skydance Merger

In a dramatic restructuring move, Paramount Global reveals plans to eliminate approximately 2,000 positions as the entertainment giant integrates with Skydance Media, signaling major changes in Canada's media landscape.

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